|By PR Newswire||
|February 10, 2014 08:00 AM EST||
SAN FRANCISCO, Feb. 10, 2014 /PRNewswire/ -- Splice Machine, provider of the only transactional real-time SQL-on-Hadoop database for Big Data applications, today announced the closing of its $15M Series B round of funding. The investment is led by InterWest Partners, along with returning Series A investor Mohr Davidow Ventures (MDV).
The investment will enable the Company to accelerate its product development and expand its sales and marketing team in preparation for its upcoming public beta offering in Q1 2014. With its real-time, transactional architecture, Splice Machine moves Hadoop beyond batch processing to power real-time operational and analytical applications.
"Unlike any other SQL-on-Hadoop database, only Splice Machine supports real-time, ACID-compliant updates for both operational and analytical applications on standard Hadoop distributions," said Bruce Cleveland, General Partner, InterWest Partners. "With its lockless transactional architecture, Splice Machine fills a critical gap in the SQL-on-Hadoop market."
Splice Machine received its first round of funding from MDV in October 2012. Since then, the Company has tripled its staff, engaged with over 10 charter customers, received multiple accolades, and delivered a limited product release where more than 50 enterprises validated use cases, tested SQL coverage and benchmarked performance.
Splice Machine delivers significant increases in query performance and steep reductions in hardware and software costs for its charter customers. For example, initial results against Oracle databases have shown a 10x increase in price/performance by decreasing response times by 30-50% on significantly less expensive hardware.
"For companies that want to leverage the cost and scaling advantages of Hadoop, they can finally replace traditional relational databases like MySQL, PostgreSQL, and Oracle with Splice Machine because it is a real RDBMS on Hadoop," said Monte Zweben, co-founder and CEO, Splice Machine. "We're confident that this next round of funding will enable us to revolutionize the Hadoop marketplace by powering real-time operational and analytical applications."
"We are excited to double down on our Splice Machine investment," said Bill Ericson, General Partner, MDV. "Now companies that are experimenting with Hadoop can gain significant value from those deployments. We are impressed with the company's progress since its Series A funding, as it has built a seasoned team, a first-of-its-kind product, and a strong voice in the market."
Splice Machine is the only full-featured SQL database on Hadoop with real-time updates and ACID transactions. It provides application developers and database architects the best of Big Data: the scalability of Hadoop and HBase, the ubiquity of SQL, and the transactional integrity of an RDBMS.
For more information on Splice Machine, visit http://www.splicemachine.com/.
About Splice Machine
Splice Machine is the only transactional SQL-on-Hadoop database for real-time Big Data applications. Splice Machine provides all the benefits of NoSQL databases, such as auto-sharding, scalability, fault tolerance and high availability, while retaining SQL – the industry standard. It optimizes complex queries to power real-time OLTP and OLAP apps at scale without rewriting existing SQL-based apps and BI tool integrations.
Zer0 to 5ive
SOURCE Splice Machine
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises a...
May. 6, 2015 04:45 PM EDT Reads: 803
Why does developer experience matters, what makes for a great developer experience and what is the relationship between developer experience and the broader field of user experience? Software developers are gaining more influence over the purchase decisions of technologies with which they must build on and with which they must integrate. For example, the success of Amazon Web Services, Heroku and MongoDB has been driven primarily by individual software developers choosing to use these tools, ra...
May. 6, 2015 04:45 PM EDT Reads: 604
As cloud gives an opportunity to businesses to buy services externally – how is cloud impacting your customers? In his General Session at 15th Cloud Expo, Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, provided answers to big questions: Do you see hybrid cloud as where the world is going? What benefits does it bring? And how does Cisco connect all of these clouds? He also discussed Intercloud and Cisco’s investment on it.
May. 6, 2015 12:00 PM EDT Reads: 5,210
SYS-CON Events announced today that B2Cloud, a provider of enterprise resource planning software, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. B2cloud develops the software you need. They have the ideal tools to help you work with your clients. B2Cloud’s main solutions include AGIS – ERP, CLOHC, AGIS – Invoice, and IZUM
May. 6, 2015 12:00 PM EDT Reads: 4,532
SYS-CON Events announced today that CenturyLink, Inc., a leader in the network services market, has been named “Platinum Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. CenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company is a global leader in cloud infrastructure and ...
May. 6, 2015 11:00 AM EDT Reads: 1,332
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY., and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides private all-in-one social intranets allowing workers to securely collaborate from anywhere in the world and from any device. Social, mobile, and eas...
May. 6, 2015 11:00 AM EDT Reads: 4,473
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
May. 6, 2015 11:00 AM EDT Reads: 5,893
Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 16th Cloud Expo at the Javits Center in New York June 9-11 will find fresh new content in a new track called PaaS | Containers & Microservices Containers are not being considered for the first time by the cloud community, but a current era of re-consideration has pushed them to the top of the cloud agenda. With the launch ...
May. 6, 2015 11:00 AM EDT Reads: 4,026
The world's leading Cloud event, Cloud Expo has launched Microservices Journal on the SYS-CON.com portal, featuring over 19,000 original articles, news stories, features, and blog entries. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. Microservices Journal offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Follow new article posts on T...
May. 6, 2015 11:00 AM EDT Reads: 2,996
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
May. 6, 2015 10:30 AM EDT Reads: 5,500
What if, during a snow emergency, an on-the-ground sensor could automatically trigger a relevant emergency notification related to snowfall and road impact. And then, after it’s triggered, that notification is delivered intelligently to individuals based on an extensive set of rules designed to alert the most available and capable responders. This “what if” question about “smart highways” is short-sighted. We are already there, and we are only getting started. While mainstream attention is pai...
May. 6, 2015 10:26 AM EDT Reads: 576
A new definition of Big Data & the practical applications of the defined components & associated technical architecture models This presentation introduces a new definition of Big Data, along with the practical applications of the defined components and associated technical architecture models. In his session at Big Data Expo, Tony Shan will start with looking into the concept of Big Data and tracing back the first definition by Doug Laney, and then he will dive deep into the description of 3V...
May. 6, 2015 09:45 AM EDT Reads: 1,208
Cloud and Big Data present unique dilemmas: embracing the benefits of these new technologies while maintaining the security of your organization's assets. When an outside party owns, controls and manages your infrastructure and computational resources, how can you be assured that sensitive data remains private and secure? How do you best protect data in mixed use cloud and big data infrastructure sets? Can you still satisfy the full range of reporting, compliance and regulatory requirements? In...
May. 6, 2015 09:15 AM EDT Reads: 3,838
Chuck Piluso will present a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Speaker Bio: Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder...
May. 6, 2015 09:00 AM EDT Reads: 938
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading in...
May. 6, 2015 09:00 AM EDT Reads: 902
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business's infrastructure required to support an effective web experience... but they are missing a critical component - Internet visibility. Internet connectivity has always played a role in customer access to web presence, but in the past few years u...
May. 6, 2015 08:45 AM EDT Reads: 1,510
The Internet of Things Maturity Model (IoTMM) is a qualitative method to gauge the growth and increasing impact of IoT capabilities in an IT environment from both a business and technology perspective. In his session at @ThingsExpo, Tony Shan will first scan the IoT landscape and investigate the major challenges and barriers. The key areas of consideration are identified to get started with IoT journey. He will then pinpoint the need of a tool for effective IoT adoption and implementation, whic...
May. 6, 2015 08:30 AM EDT Reads: 1,267
Working with Big Data is challenging, especially when decision makers depend on market insights and intelligence from your data but don't have quick access to it or find it unusable. In their session at 6th Big Data Expo, Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia; Zel Bianco, President, CEO and Co-Founder of Interactive Edge of Solgenia; and Ermanno Bonifazi, CEO & Founder at Solgenia, discussed how a revolutionary cloud-based BI along with mobile analytics is already c...
May. 6, 2015 08:30 AM EDT Reads: 4,715
Software is eating the world. Companies that were not previously in the technology space now find themselves competing with Google and Amazon on speed of innovation. As the innovation cycle accelerates, companies must embrace rapid and constant change to both applications and their infrastructure, and find a way to deliver speed and agility of development without sacrificing reliability or efficiency of operations. In her Day 2 Keynote DevOps Summit, Victoria Livschitz, CEO of Qubell, discussed...
May. 6, 2015 06:00 AM EDT Reads: 4,832
More organizations are embracing DevOps to realize compelling business benefits such as more frequent feature releases, increased application stability, and more productive resource utilization. However, security and compliance monitoring tools have not kept up and often represent the single largest remaining hurdle to continuous delivery. In their session at DevOps Summit, Justin Criswell, Senior Sales Engineer at Alert Logic, Ricardo Lupo, a Solution Architect with Chef, will discuss how to ...
May. 6, 2015 05:15 AM EDT Reads: 2,086